Security Risk Analyst

Founded in 1999, Audax Group is a leading alternative investment manager with offices in Boston, New York, San Francisco, London and Hong Kong. With approximately $42 billion of assets under management and more than 475 employees, Audax is a leading capital partner for middle market companies, operating through three business lines: Audax Private Equity, Audax Private Debt, and Audax Strategic Capital. 

For more information, visit www.audaxgroup.com or follow Audax Group on LinkedIn.

POSITION SUMMARY:

The Information Security Risk Analyst owns and executes the risk assessment activities that drive the ongoing maturity of the firm's information security risk program. This role independently performs risk assessments of vendors, applications, and internal systems, and maintains the supporting artifacts needed to track remediation and report risk in a consistent, repeatable way. The position also leads SOC 1 IT control evidence collection, audit coordination, due diligence questionnaires, and change management control validation.

The Risk Analyst partners closely with IT, Legal, Compliance, IR, and business stakeholders to ensure security risks are identified, documented, communicated, and addressed through practical mitigation plans. This role helps improve audit readiness, supports investor and customer assurance needs, and enables the business to operate efficiently while meeting governance and security expectations.

RESPONSIBILITIES:

• Risk Assessment & Remediation
  • Perform independent information security risk assessments for vendors, applications, systems, and business processes.
  • Conduct application security vetting, including architecture reviews, control validation, and risk documentation.
  • Apply consistent risk rating methodology (likelihood, impact, inherent, residual) and document scoring rationale.
  • Partner with control owners to define practical remediation plans, including interim compensating controls.
  • Facilitate recurring risk review check-ins with control owners to validate progress on remediation plans.
  • Support risk exception and risk acceptance workflows (evidence collection, summaries, and tracking).
• Governance, Policy & Strategy
  • Maintain and update risk registers, remediation tracking, and control mappings.
  • Map assessment results to common security and control frameworks (e.g., NIST CSF, ISO 27001, SOC 1 & SOC 2).
  • Contribute to policy, standard, and control development initiatives.
  • Identify process improvements and support continuous improvement of GRC tooling.